Economics
Trade Talks Hit Bump as China Resists U.S. Demands on Agricultural Purchases
- U.S. said to press China on farm purchases enforcement
- China wants U.S. to agree that tariffs will be rolled back
Soybeans during harvest in Wyanet, Illinois, U.S.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
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A U.S. demand that China spell out how it plans to reach as much as $50 billion in agricultural imports annually has become a sticking point in negotiations on a phase one trade deal, according to people familiar with the matter.